Types Of Bankruptcy

Investors force mortgage firm into involuntary bankruptcy (BizJournals)  A San Jose high-risk mortgage lender and its highest-ranking officer have been pulled into involuntary bankruptcy proceedings in San Jose federal court amid allegations of fraud involving millions of dollars


Home show in Rockland draws thousands  "We're looking at doing a couple of things in the yard, upgrading things here and there, and so with the new tax rebate checks coming in and the regular tax


A flair for fiction, real-life decor  "For me, it is a really special place; it is now my writing room, my planning room and my sit-and-absorb-what-has-happened room. If I ever need to calm down, the living


Montenegro Looking for Resort Investors  Associated Press Montenegro Looking for Resort Investors 05.22.2005, 07:25 AM Montenegro is seeking for foreign investors willing to revive the Sveti Stefan resort on the Adriatic Sea, a one-time mecca


Greenspan: US housing boom will 'inevitably' quiet down  "Near term, the housing boom will inevitably simmer down," Greenspan said in prepared remarks for an economic summit in Jackson Hole, Wyoming.read more...


Mortgage lending rise is biggest in two years (The Scotsman: Business)  DEMAND for home loans is booming, with a rise in mortgage lending of £9.2 billion in January, the biggest amount in nearly two years.read more...

March 18th, 2008

Fed actions lowering rates help some borrowers, but can hurt savers and retirees

“They also have an incredible ability to adapt … delaying purchases, home projects, things like that”

NEW YORK - Falling interest rates may be a boon to borrowers, but they can be hard on savers and retirees on fixed incomes. via Journal News



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